Letter s Overview Ahead of What’s Next Sustainable Logistics Our Inspired People Resilient Communities Appendix Logistics skills training Transparency Trendsetter With Prologis’ custom workforce solutions, we address our In 2023, Prologis was named a “Trendsetter customers’ need for logistics talent and create economic in Political Disclosure and Accountability” 92.9 opportunity in the communities where we do business. by Center for Political Accountability with out of 100 on a score of 92.9 out of 100 points on the the CPA-Zicklin − Prologis Learning Academy – In collaboration with CPA-Zicklin Index of Corporate Political Index local workforce development experts, our academy Disclosure and Accountability . provides skill-building training and education for a Our political participation policy prohibits the use of corporate variety of positions in warehousing, distribution and funds or assets to support U.S. federal or state candidates logistics. or political parties without the prior approval of our Ethics − Community Workforce Initiative (CWI) – CWI Committee. leverages digital learning and development tools to Prologis Mexico launched several PARKlife initiatives, including new We engage with policymakers through our membership in trade level up a customer’s logistics workforce and place sports and recreation areas with multi-use courts, fields and barbecues. associations, including NAREIT and the California Chamber of Commerce . We post annual lobbying expenditures, including trained individuals in logistics jobs. We’ve trained I n 2023, Prologis Mexico launched several PARKlife initiatives. the total amount paid in trade association membership fees, to approximately 29,700 people with this program since our website . We have informed major U.S. trade associations its inception in 2018. They installed free little libraries at 25 locations; opened and relevant 501(c)(4) organizations that they are prohibited − Training and Certification – Our training and logistics new sports and recreation areas in Mexico City; and hosted from using any Prologis funds to support any U.S. federal or programs provide basic workforce skills, upskilling two soccer tournaments in Monterrey that drew hundreds of state candidate or political party. The governance committee customers’ employees. With PARKlife, Prologis Mexico can help of our board of directors receives an annual update on our and certification opportunities and individualized provide needed resources to serve our customers’ employees public policy priorities, lobbying expenditures and payments to placement support. The online courses leverage the trade associations. latest technologies, including virtual reality tools, to as well as the broader community. enhance the learning experience. Space for Good PARKlife™ Through our Space for Good program, we donate rent- At some logistics centers, we create PARKlife spaces to free space in unoccupied parts of our logistics buildings to improve the local quality of life and help our customers charitable organizations that provide short-term community attract and retain workers. Examples of PARKlife include services such as disaster relief. In 2023, in response to a range green spaces, sports facilities, fitness trails, job training of crises around the world, we donated some 2.1 MSF worth centers and other community features. PARKlife murals nearly $5M of in-kind rent to 25 charities. (Since 2019, we've and other artwork, created in partnership with local artists, donated nearly 6 MSF worth approximately $24M in in-kind brighten the walls of our distribution centers, bringing a rent.) As an example, following the devastating earthquake that touch of whimsy, a different perspective or a refreshing struck Turkey and Syria in early 2023, Prologis Spain provided visual break from the day to day. warehouse space in Prologis Park Coslada to organize goods for delivery to the disaster zone. 40
